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2014 June 16   10:09

NYK Group acquires 30 percent ownership of car logistics company in Mexico

NYK has acquired 30 percent ownership of the CSI (Consorcio de Servicios Internacionales S.A. de C.V.) Group, a finished-car logistics company, and begun to participate in the CSI Group's business. A signing ceremony was held at the NYK head office in Tokyo and attended by Leon Antonio Flores Elizondo, CEO of the CSI Group, and NYK president Yasumi Kudo, among others, the company said in its press release.
 
In Mexico, the export of finished cars is rapidly increasing, and a number of automobile companies are making plans to construct and expand plants. In addition, domestic sales are contributing to the country's strong economic performance and expected to grow in the future.

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